they won't necessarily go back to the bush era or the clinton era 39.7%. it could go to 37% or it could be an increase. >> or change that 250 to $500,000. bill clinton -- >> even biden said a million dollars. a slip of the tongue. >> but does that help? if you look to california as a mini country, a barometer, what happens when you raise taxes. >> the largest economy in the country. >> which they did. but the revenue doesn't show. look at it. it's down logical -- almost 11%. >> they have raised taxes on the highest wage earners and yet they have a shortfall of revenue. it's a tough one, how that happens. the argument is -- >> they don't pay property taxes. >> if you raise taxes, the republicans argument is if you raise taxes, they hire fewer people and take all sorts of -- the shortfall into effect and want to keep their profits. so they don't do the things they would do if they had that excess cash. >> the other would be to create new taxpayers instead of new taxes. >> or as marco rubio talks about, increasing growth by fostering government and businesses